indie Semiconductor (INDI) Stock Overview
Provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
INDI Community Fair Values
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Analyst Price Targets
indie Semiconductor, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.04 |
| 52 Week High | US$6.05 |
| 52 Week Low | US$2.32 |
| Beta | 2.77 |
| 1 Month Change | -7.55% |
| 3 Month Change | -6.05% |
| 1 Year Change | 0.50% |
| 3 Year Change | -46.03% |
| 5 Year Change | -57.65% |
| Change since IPO | -58.78% |
Recent News & Updates
Seeking Alpha • Jul 27
indie Semiconductor: Considerable Risk As Region Shift Brings Margin Compression
Summary indie Semiconductor is rated "Sell" due to persistent net losses, shareholder dilution, and deteriorating fundamentals. Revenue concentration in China has surged to 58.1%, while all other regions posted double-digit declines, raising geographic and margin risks. Margins are compressing as COGS outpaces revenue growth, inventory levels spike, and finished goods rise 76.5% QoQ, signaling potential demand issues. Cash burn remains severe with negative $25.3 million FCF in Q1, rising net debt, and heavy insider selling, compounding downside risk. Read the full article on Seeking Alpha
Narrative Update • Jul 24
INDI: Edge AI Product Roadmap Will Drive Future Upside Potential
Analysts have nudged their fair value estimate for indie Semiconductor from $4.00 to $4.50, reflecting updated assumptions around slightly higher revenue growth, modestly stronger profit margins and a higher future P/E multiple. What’s in the News for indie Semiconductor indie Semiconductor was removed from multiple Russell value and size indices, including the Russell 3000E Value, Russell 3000 Value, Russell Microcap Value, Russell Small Cap Comp Value, Russell 2500 Value, and Russell 2000 Value benchmarks.Narrative Update • Jul 10
INDI: Index Removal And Lower Margins Will Constrain Future Upside
Analysts have revised their price target for indie Semiconductor to $4.00 from $4.75, citing updated views on its projected revenue growth, profit margins, and a higher assumed future P/E multiple. What’s in the News for indie Semiconductor indie Semiconductor announced the iND881 edge AI SoC, combining an NPU, DSP, and quad-core ARM Cortex-A53 CPU to support smart cameras for automotive and robotic applications, including DMS, OMS, smart eMirrors, and autonomous mobile robots.Recent updates
Seeking Alpha • Jul 27
indie Semiconductor: Considerable Risk As Region Shift Brings Margin Compression
Summary indie Semiconductor is rated "Sell" due to persistent net losses, shareholder dilution, and deteriorating fundamentals. Revenue concentration in China has surged to 58.1%, while all other regions posted double-digit declines, raising geographic and margin risks. Margins are compressing as COGS outpaces revenue growth, inventory levels spike, and finished goods rise 76.5% QoQ, signaling potential demand issues. Cash burn remains severe with negative $25.3 million FCF in Q1, rising net debt, and heavy insider selling, compounding downside risk. Read the full article on Seeking AlphaNarrative Update • Jul 24
INDI: Edge AI Product Roadmap Will Drive Future Upside Potential
Analysts have nudged their fair value estimate for indie Semiconductor from $4.00 to $4.50, reflecting updated assumptions around slightly higher revenue growth, modestly stronger profit margins and a higher future P/E multiple. What’s in the News for indie Semiconductor indie Semiconductor was removed from multiple Russell value and size indices, including the Russell 3000E Value, Russell 3000 Value, Russell Microcap Value, Russell Small Cap Comp Value, Russell 2500 Value, and Russell 2000 Value benchmarks.Narrative Update • Jul 10
INDI: Index Removal And Lower Margins Will Constrain Future Upside
Analysts have revised their price target for indie Semiconductor to $4.00 from $4.75, citing updated views on its projected revenue growth, profit margins, and a higher assumed future P/E multiple. What’s in the News for indie Semiconductor indie Semiconductor announced the iND881 edge AI SoC, combining an NPU, DSP, and quad-core ARM Cortex-A53 CPU to support smart cameras for automotive and robotic applications, including DMS, OMS, smart eMirrors, and autonomous mobile robots.
Narrative Update • Jun 26
INDI: Future Edge AI Platform Will Drive Confidence In Undervalued Shares
Analysts have trimmed their fair value estimate for indie Semiconductor from $6.50 to $5.84, reflecting updated assumptions around a $12.46 discount rate, projected revenue growth of 32.86%, a profit margin of 16.88%, and a future P/E of 24.38x. What’s in the News for indie Semiconductor indie Semiconductor announced the iND881 edge AI SoC, combining an AI compute engine with a low latency multi camera image signal processor for smart cameras in automotive and robotics applications.Narrative Update • Jun 02
INDI: Sensor Acquisition And Robotics Platforms Will Shape Balanced Future Potential
Analysts have raised their price target for indie Semiconductor by $0.50 to $4.75 per share, citing updated assumptions around revenue growth, profit margins, and future P/E that modestly adjust their long-term fair value and risk profile. What's in the News indie Semiconductor agreed to acquire the fabless CMOS image sensor group from ams OSRAM AG for €40 million.Narrative Update • Apr 24
INDI: Mahindra Monitoring Win Will Drive Future Upside Potential
Analysts have lifted their price target on indie Semiconductor to $4.25, citing slightly higher projected revenue growth of 44.85%, a modestly stronger profit margin outlook of 20.49%, and a small adjustment to the assumed future P/E of 11.04x as key reasons for the change. What's in the News Launched the first ultraviolet visible DFB laser diode at 399 nm, targeting quantum computing systems based on cooled Ytterbium atoms and extending the existing visible laser lineup in the photonics segment (Product announcement).Narrative Update • Apr 10
INDI: Mahindra Monitoring Win Will Drive Future Upside Potential
Analysts have adjusted their price target on indie Semiconductor to $4.25. This change reflects updated views on slightly higher projected revenue growth, a modestly stronger profit margin, and a marginally lower future P/E assumption.Narrative Update • Mar 26
INDI: Mahindra Monitoring Win And UV Photonics Expansion Will Drive Upside
Analysts have adjusted their price target on indie Semiconductor to $4.25, reflecting updated assumptions for revenue growth of 43.96%, a profit margin of 19.92%, and a future P/E of 11.56x. What's in the News Launched first UV visible DFB 399 nm single frequency laser diode tailored for quantum computing systems using cooled Ytterbium atoms, extending the photonics product set into the UV range and targeting use cases such as secure communications, advanced sensing, and quantum computing platforms (Key Developments).Narrative Update • Mar 05
INDI: Mahindra Driver Monitoring Deal Will Support Future Upside Potential
Analysts have trimmed their price target for indie Semiconductor to $4.25 from $5.00 as they refresh their models to reflect updated assumptions for revenue growth, profit margins, and future P/E multiples. What's in the News indie Semiconductor issued revenue guidance for the first quarter of 2026, targeting between $52 million and $58 million, with a midpoint of $55 million.Narrative Update • Feb 19
INDI: Driver Monitoring Win With Mahindra Will Support Future Upside Potential
Analysts have adjusted their price targets on indie Semiconductor to reflect updated assumptions for discount rate, revenue growth, profit margin and future P/E, with the new target now set at $5.00 compared with the prior $5.00. What's in the News indie Semiconductor has been selected by Mahindra & Mahindra to enable an in-cabin driver and occupant monitoring system for Mahindra’s Electric Origin SUVs, the XEV 9e and BE 6.Narrative Update • Feb 05
INDI: Automotive Monitoring Wins Will Support Future Upside Potential
Analysts have adjusted their price target for indie Semiconductor to US$5.00, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that they see as better aligned with the company’s current risk and earnings profile. What's in the News indie Semiconductor was selected by Mahindra & Mahindra to power driver and occupant monitoring systems in Mahindra’s Electric Origin SUVs XEV 9e and BE 6, using CABIN EYE perception software integrated with Mahindra’s EyeDentity hardware platform (Client announcement).Analysis Article • Feb 04
Estimating The Fair Value Of indie Semiconductor, Inc. (NASDAQ:INDI)
Key Insights The projected fair value for indie Semiconductor is US$4.83 based on 2 Stage Free Cash Flow to Equity...Narrative Update • Jan 21
INDI: Automotive Radar Integration And Buybacks Will Support Future Upside Potential
Analysts have nudged their fair value estimate for indie Semiconductor to US$5.00 per share. The update reflects slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the overall price target level unchanged.Analysis Article • Jan 08
Does indie Semiconductor (NASDAQ:INDI) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 07
INDI: Automotive Radar Progress Will Support Future Undervalued Upside Potential
Analysts have trimmed their price target on indie Semiconductor to $5.00, citing slightly higher assumed revenue growth and a marginally higher discount rate, along with a small adjustment to the future P/E multiple and long-run profit margin expectations. What's in the News Mixel MIPI IP has been integrated into indie's automotive radar processor and MMIC products, with ASIL-B compliant MIPI D-PHY CSI-2 TX and RX IPs characterized to the MIPI Alliance D-PHY Conformance Test Suite (Client Announcements).Narrative Update • Dec 15
INDI: Automotive Radar Integration May Drive Stronger Future Performance
Analysts have nudged their price target on indie Semiconductor higher, citing stronger projected revenue growth and slightly improved profitability. Fair value estimates have risen from 4.00 dollars to 5.00 dollars as they modestly lower the assumed discount rate and lift future earnings multiple expectations.Narrative Update • Oct 30
INDI: Share Buybacks And Product Expansion Will Drive Broader Market Reach
indie Semiconductor Price Target Experiences Minor Adjustment Amid Stable Forecasts Analysts have made a slight revision to indie Semiconductor’s price target, keeping it steady at $6.50. Underlying growth projections and profitability expectations remain largely unchanged.Narrative Update • Oct 15
ADAS Design Wins And Licensing Will Broaden Future Market Reach
Analysts have raised their price target for indie Semiconductor to $6.50 from $6.17. This change reflects updated views on the company’s risk profile and growth potential.Analysis Article • Oct 15
Revenues Not Telling The Story For indie Semiconductor, Inc. (NASDAQ:INDI) After Shares Rise 43%
indie Semiconductor, Inc. ( NASDAQ:INDI ) shareholders would be excited to see that the share price has had a great...Analysis Article • Oct 06
Does indie Semiconductor (NASDAQ:INDI) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Aug 10
ADAS Design Wins And Licensing Will Broaden Future Market Reach
The consensus price target for indie Semiconductor has been raised to $6.17, reflecting stronger revenue growth forecasts and a lower future P/E multiple. What's in the News Provided Q3 2025 revenue guidance of $52–56 million ($54 million midpoint).Analysis Article • Jul 16
There's Reason For Concern Over indie Semiconductor, Inc.'s (NASDAQ:INDI) Massive 25% Price Jump
indie Semiconductor, Inc. ( NASDAQ:INDI ) shares have continued their recent momentum with a 25% gain in the last month...Analysis Article • Jun 27
indie Semiconductor (NASDAQ:INDI) Is Making Moderate Use Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jun 01
indie Semiconductor, Inc.'s (NASDAQ:INDI) Price Is Right But Growth Is Lacking After Shares Rocket 31%
indie Semiconductor, Inc. ( NASDAQ:INDI ) shareholders are no doubt pleased to see that the share price has bounced 31...Analysis Article • May 14
Earnings Release: Here's Why Analysts Cut Their indie Semiconductor, Inc. (NASDAQ:INDI) Price Target To US$5.29
Shareholders will be ecstatic, with their stake up 29% over the past week following indie Semiconductor, Inc. 's...Analysis Article • Apr 17
Market Cool On indie Semiconductor, Inc.'s (NASDAQ:INDI) Revenues Pushing Shares 25% Lower
Unfortunately for some shareholders, the indie Semiconductor, Inc. ( NASDAQ:INDI ) share price has dived 25% in the...
New Narrative • Mar 25
Next Generation ADAS And Radar Systems Will Transform Automotive Experience
indie Semiconductor's focus on megatrends in automotive innovation and new product launches could drive significant revenue growth and enhance market share by 2029.Shareholder Returns
| INDI | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 25.1% | 9.7% | 4.0% |
| 1Y | 0.5% | 62.4% | 20.7% |
Return vs Industry: INDI underperformed the US Semiconductor industry which returned 59.8% over the past year.
Return vs Market: INDI underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| INDI volatility | |
|---|---|
| INDI Average Weekly Movement | 14.9% |
| Semiconductor Industry Average Movement | 13.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: INDI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: INDI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 800 | Donald McClymont | www.indie.inc |
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems.
indie Semiconductor, Inc. Fundamentals Summary
| INDI fundamental statistics | |
|---|---|
| Market cap | US$778.28m |
| Earnings (TTM) | -US$149.75m |
| Revenue (TTM) | US$231.15m |
3.7x
P/S Ratio-5.7x
P/E RatioIs INDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INDI income statement (TTM) | |
|---|---|
| Revenue | US$231.15m |
| Cost of Revenue | US$297.94m |
| Gross Profit | -US$66.79m |
| Other Expenses | US$82.96m |
| Earnings | -US$149.75m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.71 |
| Gross Margin | -28.89% |
| Net Profit Margin | -64.78% |
| Debt/Equity Ratio | 129.1% |
How did INDI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/07 03:49 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
indie Semiconductor, Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Williams | Benchmark Company |
| Cody Acree | Benchmark Company |
| Craig Ellis | B. Riley Securities, Inc. |